Republic Acts1 min read
Section 4Sec./Art. 4
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Sec. 4 of the same Act is hereby amended to read as follows:
"Sec. 4. Grant of Authority to Securities and Exchange Commission. - The Securities and Exchange Commission is hereby empowered to enforce the provisions implementing regulations except insofar as the Bangko Sentral may have supervisory authority under the provisions of Republic Act No. 7653 with respect to financing companies licensed to perform quasi-banking functions, and insofar as the Monetary Board has authority to prescribe financing company rates and charges under Sec. 5 hereof."
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